No Strait Answer

NAB Morning Call · Jun 21, 2026 · 9m

Monday 20th June 2026

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With the US closed for business on Friday what market action there was largely driven by geopolitics. Peace talks in Switzerland start on shaky ground with question marks over whether Iran has closed the Strait of Hormuz. President Trump has turned up the rhetoric, but it could just be another chapter from Art of the Deal. NAB’s Skye Masters says it’s likely that the risk sentiment from last week could take a backward step today. Also today, its possible Keir Starmer will…